College Station Independent School District Financial Management Report For the Fiscal Year

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Howard Patterson
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1 College Station Independent School District Financial Management Report For the Fiscal Year Distributed at Public Hearing October 21, 2008

2 District Status Detail Page 1 of 10/3/2008 User: Michael Ball User Role: District YEAR Select An Option Help Home Log Out Financial Integrity Rating System of Texas DISTRICT STATUS DETAIL Name: COLLEGE STATION ISD (021901) Publication Level 1: 6/9/2008 1::1 PM Status: Passed Publication Level 2: 8/21/2008 1:46:21 PM Rating: Superior Achievement Last Updated: 8/21/2008 1:46:21 PM District Score: 83 Passing Score: # Indicator Description Updated Score 1 Was The Total Fund Balance Less Reserved Fund Balance Greater Than Zero In The General Fund? 3:02:36 PM Yes 2 Was the Total Unrestricted Net Asset Balance (Net of Accretion of Interest on Capital Appreciation Bonds) In the Governmental Activities Column in the Statement of Net Assets Greater than Zero? (If the District's Year % Change in Students was 10% more) 3:02:36 PM Yes 3 Were There No Disclosures In The Annual Financial Report And/Or Other Sources Of Information Concerning Default On Bonded Indebtedness Obligations? 3:02:37 PM Yes 4 Was The Annual Financial Report Filed Within One Month After November 27th or January 28th Deadline Depending Upon The District's Fiscal Year End Date (June 30th or August 31st)? 3:02:37 PM Yes Was There An Unqualified Opinion in Annual Financial Yes

3 District Status Detail Page 2 of 10/3/2008 Report? 3:02:37 PM 6 Did The Annual Financial Report Not Disclose Any Instance(s) Of Material Weaknesses In Internal Controls? 3:02:37 PM Yes 1 Multiplier Sum 7 Did the Districts Academic Rating Exceed Academically Unacceptable? 3:02:37 PM 8 Was The Three-Year Average Percent Of Total Tax Collections (Including Delinquent) Greater Than 98%? 3:02:37 PM 9 Did The Comparison Of PEIMS Data To Like Information In Annual Financial Report Result In An Aggregate Variance Of Less Than 3 Percent Of Expenditures Per Fund Type (Data Quality Measure)? 3:02:38 PM 10 Were Debt Related Expenditures (Net Of IFA And/Or EDA Allotment) < $20.00 Per Student? (If The District's Five-Year Percent Change In Students = Or > 7%, Or If Property Taxes Collected Per Penny Of Tax Effort > $200,000 Per Student) 3:02:38 PM 11 Was There No Disclosure In The Annual Audit Report Of Material Noncompliance? 3:02:38 PM 12 Did The District Have Full Accreditation Status In Relation To Financial Management Practices? (e.g. No Conservator Or Monitor Assigned) 3:02:38 PM 13 Was The Percent Of Operating Expenditures Expended For Instruction More Than 6%? (Functions 11, 36, 93, 9) (Phased in over three years, % for ; 60% for ; and 6% for ) 4/2/ :46:32 AM 3 14 Was The Percent Of Operating Expenditures Expended For Instruction More Than or equal to 6%? (Functions 11, 12, 31, 33, 36, 93, 9) 3:02:39 PM 3

4 District Status Detail Page 3 of 10/3/ Was The Aggregate Of Budgeted Expenditures And Other Uses Less Than The Aggregate Of Total Revenues, Other Resources and Fund Balance In General Fund? 3:02:39 PM 16 If The District's Aggregate Fund Balance In The General Fund And Capital Projects Fund Was Less Than Zero, Were Construction Projects Adequately Financed? (To Avoid Creating Or Adding To The Fund Balance Deficit Situation) 3:02:39 PM 17 Was The Ratio Of Cash And Investments To Deferred Revenues (Excluding Amount Equal To Net Delinquent Taxes Receivable) In The General Fund Greater Than Or Equal To 1:1? (If Deferred Revenues Are Less Than Net Delinquent Taxes Receivable) 3:02:39 PM 18 Was The Administrative Cost Ratio Less Than The Threshold Ratio? 3:02:39 PM 19 Was The Ratio Of Students To Teachers Within the Ranges Shown Below According To District Size? 3:02:40 PM 20 Was The Ratio Of Students To Total Staff Within the Ranges Shown Below According To District Size? 3:02:40 PM 21 Was The Total Fund Balance In The General Fund More Than 0% And Less Than 10% Of Optimum According To The Fund Balance And Cash Flow Calculation Worksheet In The Annual Financial Report? 3:02:40 PM 3 22 Was The Decrease In Undesignated Unreserved Fund Balance < 20% Over Two Fiscal Years?(If 1. Times Optimum Fund Balance < Total Fund Balance In General Fund Or If Total Revenues > Operating Expenditures In The General Fund,Then District Receives Points) 3:02:40 PM 23 Was The Aggregate Total Of Cash And Investments In The General Fund More Than $0? 3:02:40 PM 24 Were Investment Earnings In All Funds (Excluding Debt Service Fund and Capital Projects Fund) More 3:02:40 PM 4

5 District Status Detail Page 4 of 10/3/2008 Than $20 Per Student? 83 Weighted Sum 1 Multiplier Sum 83 Score DETERMINATION OF RATING A. Did The District Answer 'No' To Indicators 1, 2, 3 Or 4? OR Did The District Answer 'No' To Both and 6? If So, The District s Rating Is Substandard Achievement. B. Determine Rating By Applicable Range For summation of the indicator scores (Indicators 7-24) Superior Achievement 7-8 and Yes to indicator 7 Above Standard Achievement 6-74 or >= 7 and No to indicator 7 Standard Achievement -64 Substandard Achievement < or No to one default indicator INDICATOR 19 & 20 RATIOS Indicator 19 Ranges for Ratios Indicator 20 Ranges for Ratios District Size - Number of Students Between Low High District Size - Number of Students Between Low High < <

6 District Status Detail Page of 10/3/ => => OPTIONS Update Unpassed Update All Lower Publication Level Suspend Suspension Reason. Audit Home Page: School Financial Audits Send comments or suggestions to THE TEXAS EDUCATION AGENCY 1701 NORTH CONGRESS AVENUE AUSTIN, TEXAS, (12)

7 Disclosures In calendar year 2007, new reporting requirements became effective for the financial management report that will be distributed at the Schools FIRST public hearing. Per Title 19 Texas Administrative Code Chapter 109, Budgeting, Accounting, and Auditing, Subchapter AA, Commissioner's Rules Concerning Financial Accountability Rating System, the five () disclosures explained below will be presented as appendices in the Schools FIRST financial management report. 1. Superintendent s Employment Contract The school district is to provide a copy of the superintendent's employment contract that is effective on the date of the Schools FIRST hearing in calendar year The employment contract for Dr. Eddie Coulson is attached.

8 Disclosures 2. Reimbursements Received by the Superintendent and s for Fiscal Year ended August 31, 2007 For the Twelve Month Period Ended August 31, 2007 Aldrich Ms. Broussard Chaloupka Jones Pitcock Ms. Slack Dr. Watson Dr. Jochen Description of Reimbursements Superintendent Dr. Coulson Meals $ $ $ $ $ 2.00 $ $ $ $0.00 Lodging 1, Transportation 2, Motor Fuel Other 2, Total $6,47.39 $1,00.74 $1, $1, $ $ $1,147.9 $1,091.7 $0.00 Note The spirit of the rule is to capture all reimbursements for fiscal year 2007, regardless of the manner of payment, including direct pay, credit card, cash, and purchase order. Reimbursements to be reported per category include: Meals Meals consumed off of the school district s premises, and in-district meals at area restaurants (excludes catered meals for board meetings). Lodging - Hotel charges. Transportation - Airfare, car rental (can include fuel on rental), taxis, mileage reimbursements, leased cars, parking and tolls. Motor fuel Gasoline. Other - Registration fees, telephone/cell phone, internet service, fax machine, and other reimbursements (or on-behalf of) to the superintendent and board member not defined above.

9 Disclosures 3. Outside Compensation and/or Fees Received by the Superintendent for Professional Consulting and/or Other Personal Services in the Fiscal Year ended August 31, 2007 For the Twelve-Month Period Ended August 31, 2007 Superintendent Dr. Coulson Name(s) of Entity(ies) $ None Total $ None Note Compensation does not include business revenues from the superintendent s livestock or agricultural-based activities on a ranch or farm. Report gross amount received (do not deduct business expenses from gross revenues). Revenues generated from a family business that have no relationship to school district business are not to be disclosed.

10 Disclosures 4. Gifts Received by the Executive Officer(s) and s (and First Degree Relatives, if any) in Fiscal Year 2007 For the Twelve Month Period Ended August 31, 2007 Superintendent Dr. Coulson Aldrich Ms. Broussard Chaloupka Jones Pitcock Ms. Slack Dr. Watson Dr. Jochen Summary Amounts $ None $ None $ None $ None $ None $ None $ None $ None $ None Note An executive officer is defined as the superintendent, unless the board of trustees or the district administration names additional staff under this classification. Gifts received by first degree relatives, if any, will be reported under the applicable school official.

Disclosures. Business Transactions Between School District and s for Fiscal Year 2007 For the Twelve Month Period Ended August 31, 2007 Superintendent Dr.

11 Disclosures. Business Transactions Between School District and s for Fiscal Year 2007 For the Twelve Month Period Ended August 31, 2007 Superintendent Dr. Coulson Aldrich Ms. Broussard Chaloupka Jones Pitcock Ms. Slack Dr. Watson Dr. Jochen Summary Amounts $ None $ None $ None $ None $ None $ None $ None $ None $ None

Killeen Independent School District. Annual Financial Management Report. For the year ended August 31, 2010

Killeen Independent School District Annual Financial Management Report For the year ended August 31, 2010 This report provides the Financial Integrity Rating System of Texas Rating Financial Integrity